Schiavi & Co LLC Reduces Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Schiavi & Co LLC trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 132,540 shares of the company’s stock after selling 18,374 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 2.1% of Schiavi & Co LLC’s holdings, making the stock its 6th largest position. Schiavi & Co LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,665,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VTEB. Wellington Management Group LLP bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $347,641,000. Betterment LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after buying an additional 5,461,346 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after buying an additional 3,458,654 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 49.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after buying an additional 3,187,040 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Vanguard Tax-Exempt Bond ETF stock opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.46 and a 1-year high of $51.18. The firm’s fifty day moving average price is $50.20 and its two-hundred day moving average price is $50.35.

Vanguard Tax-Exempt Bond ETF Company Profile

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.